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NIC Q3 2013 Results
Hunderwear
#1 Posted : Wednesday, November 27, 2013 3:05:53 PM
Rank: Member


Joined: 4/14/2011
Posts: 639
chaimani
#2 Posted : Wednesday, November 27, 2013 3:54:55 PM
Rank: New-farer


Joined: 2/26/2012
Posts: 25
Location: moscow na muranga
the deal
#3 Posted : Wednesday, November 27, 2013 4:11:38 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
They need to sort out their balance sheet...weakest listed bank...even their LTD ratio is now standing at 95%...most likely another rights issue next year...or they sell themselves...takeover play?
mkonomtupu
#4 Posted : Wednesday, November 27, 2013 4:15:21 PM
Rank: Veteran


Joined: 2/10/2010
Posts: 1,001
Location: River Road
nothing really worth commenting on those results...as expected
mkonomtupu
#5 Posted : Wednesday, November 27, 2013 4:32:41 PM
Rank: Veteran


Joined: 2/10/2010
Posts: 1,001
Location: River Road
the deal wrote:
They need to sort out their balance sheet...weakest listed bank...even their LTD ratio is now standing at 95%...most likely another rights issue next year...or they sell themselves...takeover play?


They just need to retain profits and issue bonus shares instead of paying measly dividends
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